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Author: OrmontUS   😊 😞
Number: of 3853 
Subject: Dow Industrials break 50K
Date: 02/06/26 3:05 PM
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https://www.cnn.com/2026/02/06/investing/dow-index...

Stocks hit historic milestone as Dow crosses 50,000 points for first time ever

“The US economy has remained resilient,” Jamie Dimon, CEO of JPMorgan Chase, said in a statement on January 13 as the bank reported fourth-quarter earnings results.

“Consumers continue to spend, and businesses generally remain healthy,” Dimon said. “However, as usual, we remain vigilant, and markets seem to underappreciate the potential hazards — including from complex geopolitical conditions, the risk of sticky inflation and elevated asset prices.”

Jeff
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Author: weatherman   😊 😞
Number: of 3853 
Subject: Re: Dow Industrials break 50K
Date: 02/06/26 7:49 PM
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no jamie, anytime the most RELEVANT index (s&p500 which is cap weighted, not economic weighted) and gold are trading highs, the primary thing is asset inflation via dollar debasement. so leave the macro to cembalest who has a clue, and return to your overcompensation skills.

and yes, there are many interesting secondary things going on which make better ratings.

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